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show your work 5. (2 points) Booze Hound Lickers, Inc. has a policy where its annual dividend grows by 2.1 percent per year every year,
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5. (2 points) Booze Hound Lickers, Inc. has a policy where its annual dividend grows by 2.1 percent per year every year, and they intend to maintain this policy forever. Their most recent dividend was $2.14 and was paid this morning. The current price per share of this stock is $24.55. The required return on this stock is 11 percent. What will the price of this stock be 7 years from now Step by Step Solution
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